Ministry of Finance, Statistical Service



30/12/2010
Latest Figures: Average Monthly Earnings of Employees by Quarter, 3rd quarter 2010

According to the preliminary estimations of the Statistical Service, the average monthly earnings of employees during the third quarter of 2010 amounted to €1865 (males €2041 and females €1653).

In comparison with the third quarter of 2009, an increase of 3,6% was recorded in the average monthly earnings of employees (males 3,0% and females 4,8%). The corresponding increase observed during the third quarter of 2009 was 2,6%. The increase mainly reflects the payment of the Cost of Living Allowance (C.O.L.A.) on the gross earnings of employees, 1,40% as from January 2010 and 0,92% as from July 2010.


In comparison with the second quarter of 2010 (seasonally adjusted data) there was an increase of 1,8% in the average monthly earnings of employees (males 1,7% and females 2,0%). The corresponding percentage change observed during the third quarter of 2009 was 0,0%, meaning that the earnings of employees had remained constant.














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